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File #: 1561-2009    Version: 1
Type: Ordinance Status: Passed
File created: 11/10/2009 In control: Finance & Economic Development Committee
On agenda: 11/23/2009 Final action: 11/25/2009
Title: To decrease appropriations in the Department of Finance and Management, Fleet Management Division internal service fleet fund for fiscal year 2009 by $1,456,772; and to declare an emergency. ($1,456,772.00)
Date Ver.Action ByActionResultAction DetailsMeeting Details
11/25/20091 MAYOR Signed  Action details Meeting details
11/25/20091 CITY CLERK Attest  Action details Meeting details
11/23/20091 Columbus City Council ApprovedPass Action details Meeting details
11/23/20091 COUNCIL PRESIDENT Signed  Action details Meeting details
11/12/20091 CITY ATTORNEY Reviewed and Approved  Action details Meeting details
11/12/20091 Finance Reviewer Sent to Clerk's Office for Council  Action details Meeting details
11/11/20091 FINANCE DIRECTOR Reviewed and Approved  Action details Meeting details
11/11/20091 Finance Drafter Sent for Approval  Action details Meeting details
11/11/20091 Auditor Reviewer Reviewed and Approved  Action details Meeting details
11/11/20091 CITY AUDITOR Reviewed and Approved  Action details Meeting details
11/11/20091 Finance Drafter Sent for Approval  Action details Meeting details
11/10/20091 Finance Drafter Sent for Approval  Action details Meeting details
11/10/20091 Finance Reviewer Reviewed and Approved  Action details Meeting details
11/10/20091 Finance Reviewer Reviewed and Approved  Action details Meeting details
Explanation

BACKGROUND:
This ordinance decreases the Department of Finance and Management, Fleet Management Division internal service fund appropriations for fiscal year 2009 by $1,456,772 to equal the appropriation in customer agencies to pay for the services provided by the Fleet Management Division. The encumbrances for the customer agencies were reduced in ordinance 1545-2009. The savings to the fleet internal service fund are the result of lower fuel prices.

This ordinance is submitted as an emergency so as to allow these financial transactions to be posted in the City's accounting system as soon as possible. Up to date financial posting promotes accurate accounting and financial management.

FISCAL IMPACT:
This reduction in appropriations within the Fleet Management Division internal service fund is a fiscally prudent measure that will contribute to achieving a balance between the Department of Finance and Management's budget and that of the funds of its customers to pay for fleet internal service billings.


Title

To decrease appropriations in the Department of Finance and Management, Fleet Management Division internal service fleet fund for fiscal year 2009 by $1,456,772; and to declare an emergency. ($1,456,772.00)


Body

WHEREAS, the Department of Finance and Management faces a condition of imbalance between its appropriation in the internal service fleet fund and that of the funds of its customer agencies to pay fleet internal service billings; and

WHEREAS, a reduction in the Department of Finance and Management, Fleet Management Division internal service fleet fund appropriation in the amount of $1,456,772 is necessary to bring appropriations in line; and

WHEREAS, such a reduction is fiscally prudent and is reflective of lower fuel prices this fiscal year; and

WHEREAS, an emergency exists in the usual daily operation of the City of Columbus in that it is immediately necessary undertake the aforementioned ac...

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